• Omani Insurers Hit $1 Billion in Six Months

Oman’s eight listed insurance companies posted combined insurance revenue of 384 million Omani rial... ... Details

• IDRA Member (Non-Life) Mohammad Abu Bakar Siddique Resigns

Mohammad Abu Bakar Siddique, a member (Non-Life) of the Insurance Development and Regulatory Authori... ... Details

• IAG Settles A$2.8 Billion Greensill Lawsuit With Credit Suisse

Insurance Australia Group has drawn a line under one of the biggest remaining legal fights from the... ... Details

• British Insurer Legal & General to Cut 1,000 Jobs

Legal & General plans to cut around 1,000 jobs by the middle of next year, roughly 10% of its workfo... ... Details

• India Plans Tough New Limits on Policy Commissions

The Insurance Regulatory and Development Authority of India released a discussion paper late on Wedn... ... Details

• Canadian Insurers Face $1.3 Billion Prairie Storm Bill

Mashrukh Khan: Insured losses from a series of severe summer storms across Canada’s Prairie province... ... Details

• Marsh Unveils WorkBench to Accelerate Specialty Insurance Placement

Mashrukh Khan: Marsh has rolled out a new AI tool called Broker WorkBench that looks set to shake up... ... Details

• Global Data Centre Insurance Market Could Double by 2030

Mashrukh Khan: The rapid expansion of artificial intelligence data centres is creating a new wave of... ... Details

• English High Court Approves Zurich’s £8.1bn Beazley Deal

Mashrukh Khan: Zurich Insurance Group has cleared the final legal hurdle in its takeover of Beazley,... ... Details

• City Bank Amex Cards Offer Key Insurance Protections

Mashrukh Khan: City Bank’s American Express credit cards in Bangladesh offer a suite of insurance pr... ... Details

• Bermuda Insurer Rolls out AI Digital Underwriting Tool

Mosaic Insurance, the Bermuda specialty carrier, has rolled out HALO, a new AI-driven digital underw... ... Details

• Lloyd’s Reports £10.7 Billion Pre-Tax Profit for 2025

Lloyd’s of London has delivered another strong set of numbers, posting a 22% return on capital for 2... ... Details

• Fuel Price Hike Raises Concern over Insurance Agents’ Expenses and Management Costs

An increase in fuel prices has created new challenges for insurance companies in Bangladesh. Field-l... ... Details

• French Life Insurer CNP Eyes Acquisition of Coface

CNP has begun working on an offer for Coface, though discussions remain at a preliminary stage. The... ... Details

• India Property Rates Rise 30% after Gujarat Floods

Gujarat has long been one of the more heavily insured states for property risks, which amplified the... ... Details

• IDRA’s Letter Seeking Information on Paid-up Capital Creates Confusion among Insurance Companies

Confusion has spread across the insurance sector over two separate letters issued by the Insurance D... ... Details

• Insurers Question Intensity of Bank of England Stress Test

Britain’s insurance industry is pressing the Prudential Regulation Authority to rethink the design o... ... Details

• Warren Buffett Steps Down as Insurance Giant Berkshire Hathaway’s Chairman

Warren Buffett has stepped down as chairman of Berkshire Hathaway, effective immediately, completing... ... Details

• Europe Creates Alliance to Boost Climate Risk Insurance

European Commission President Ursula von der Leyen announced this week that the European Union will... ... Details

• Foreign Currency Policies Reach $9 Billion in Taiwan

Taiwan’s life insurers saw a sharp rise in sales of foreign-currency policies in the first half of 2... ... Details